Article summary
The European Securities and Markets Authority (ESMA) has issued technical advice to the European Commission on amending the research provisions in the MiFID II Delegated Directive, to reflect changes made by the Listing Act, including a new payments option and conditions under which research payments are not considered inducements. This advice aims to guide the implementation of changes to accommodate new payment regimes for research and execution services, promoting harmonisation and supporting research on companies/issuers.
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